in

JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K

JP Morgan: Bitcoin’s Decreasing Volatility Makes It More Appealing to Institutions, Revises BTC Price Prediction to $130K



View Reddit by Bulky-KaleView Source

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

5 Comments

  1. tldr; JP Morgan has revised its long-term price target for bitcoin to $130,000. The investment bank said that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors seeking low-correlation assets to diversify their investment portfolios. JPMorgan’s price target is based on the expectation that bitcoin’s volatility will converge with gold’s volatility.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. I keep seeing articles like this. Is it just me or was the last year more volatile than the 2 previous years? Seems like the price was floating between $3k and $11k then in the last year it’s dropped down to $3k and still seen huge gains.

Loading…

0

What do you think?

A Social Platform for All Reliable Crypto-Related Information

The Winklevosses predict the end of Facebook within 10 years

The Winklevosses predict the end of Facebook within 10 years